I am obtaining a mortgage offer from Halifax. I hope to retain the legal services of a Licensed Conveyancer in Castle Vale. Does the Halifax Conveyancing panel allow for Licensed Conveyancers?
The Halifax conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
I am planning to acquire a flat and require a conveyancing solicitor in Castle Vale who is on the Nationwide Building Society solicitor. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nationwide Building Society in certain locations such as Castle Vale. We dont recommend any particular firm.
My wife and I have a 4 bedroom Victorian property in Castle Vale. Conveyancing lawyer acted for me and Halifax. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Castle Vale and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with the conveyancing lawyer who conducted the purchase.
I have been on the look out for a leasehold apartment up to £195,000 and found one round the corner in Castle Vale I like with a park and station nearby, the downside is that it only has 61 years unexpired on the lease. There is not much else in Castle Vale for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
In searching the world wide web for the words on line conveyancing in Castle Vale it brings up numerous conveyancerslocally. With so much choice what is the best way to find the suitable conveyancer for purchase transaction?
The preferential way of seeking a suitable conveyancer is through a personal recommendation, so ask friends and relatives who have bought a property in Castle Vale or a reputable estate agent or mortgage broker. Fees for conveyancing in Castle Vale differ, so it's advisable to secure a minimum of three estimates from different law firms. Dont forget to clarify that the charges are assured not to escalate.